Home › Crypto › DEXs › VVS Finance

VVS Finance: score, security record and what it is for

61/100SCORE · CMixed record Grade C, fair

VVS Finance is the dominant decentralised exchange on Cronos and has run since 2021 without an exploit of its core contracts. The limitation is the chain rather than the protocol: Cronos liquidity is a fraction of Ethereum, Solana or BNB Chain, so a moderately sized trade moves the price against you. Check the price impact before confirming, not after.

The facts

LIVE SINCE: 2021
TYPE: AMM
CHAINS: Cronos
SWAP FEE: Typically 0.30 percent.
AUDITS: Audited. No exploit of the core exchange contracts to date.
WHO CAN CHANGE IT: VVS token governance, with meaningful centralised control retained.

How the score breaks down

security18/30

liquidity14/25

chains7/15

costs13/15

decentralisation9/15

Where it is strong and where it is not

✓ Strengths

The main liquidity venue on Cronos
Cheap and simple to use
No exploit history on the core contracts

✗ Weaknesses

Cronos liquidity is thin compared with Ethereum, Solana or BNB Chain
Effectively single chain
Chain fortunes are tied closely to Crypto.com

Exploit history

No exploit of the core contracts on record.

Our read

If you are on Cronos, this is where the liquidity is, and there is not much of an alternative. Clean record. The score reflects a thin market rather than anything wrong with the protocol: slippage on a decent sized trade here will cost you far more than the fee.

BEFORE YOU SWAP

Swap keeps failingSlippage, approvals, taxes and thin liquidity. Revoke approvalsEvery swap leaves a permission behind. Clear them. Gas tokensWhy you need the chain's native coin first. Pick a walletYou need self custody before you can use any DEX.

RISK WARNING Crypto assets are highly volatile and largely unregulated. You can lose everything you put in. Nothing on this page is financial, investment or tax advice, and nothing here is a recommendation to buy or sell any asset. Do your own research and never commit money you cannot afford to lose.